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Friday, 08/18/2017 7:16:49 PM

Friday, August 18, 2017 7:16:49 PM

Post# of 1854
Elio Motors Has $40,000 Cash Left

Admin August 17, 2017 Elio Motors Has $40,000 Cash Left 2017-08-17T13:42:00+00:00 elio motors, the elio

Earlier this month, Elio Motors announced that it aimed to raise up to $100 million as part of a proposed public offering—and the company’s latest report to the U.S. Securities and Exchange Commission shows the funding is sorely needed: Elio has $40,000 in cash remaining, according to the company’s semiannual report.

https://www.sec.gov/Archives/edgar/data/1531266/000121465917005165/d8111731sa.htm